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    • Faculty Publications  (19)

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    • All HBS Web  (108)
      • Faculty Publications  (19)

      Political Contestation Remove Political Contestation →

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      • Fall 2022
      • Article

      China's Political Economy and International Backlash: From Interdependence to Security Dilemma Dynamics

      By: Margaret Pearson, Meg Rithmire and Kellee Tsai
      Contrary to expectations that economic interdependence might lessen security conflict between China and the U.S. and its allies, much of the contestation between China and several OECD countries has focused on firms and economic links. This paper explains the...  View Details
      Keywords: Globalized Markets and Industries; Government and Politics; Information Technology; China
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      Pearson, Margaret, Meg Rithmire, and Kellee Tsai. "China's Political Economy and International Backlash: From Interdependence to Security Dilemma Dynamics." International Security 47, no. 2 (Fall 2022): 135–176.
      • April 2022 (Revised July 2022)
      • Case

      Stalin’s Capitalists: American Business and Soviet Industrialization

      By: Jeremy Friedman, Jingyu Liu and Christine Riggle
      In the late 1920s and early 1930s when Joseph Stalin, leader of the world’s first Communist state, sought to industrialize his largely peasant country on an unprecedented scale, he turned for help to those who had the most experience constructing on such a scale:...  View Details
      Keywords: Communism; Industrialization; Socialism; History; Industry Growth; Soviet Union
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      Friedman, Jeremy, Jingyu Liu, and Christine Riggle. "Stalin’s Capitalists: American Business and Soviet Industrialization." Harvard Business School Case 722-058, April 2022. (Revised July 2022.)
      • March 2022 (Revised June 2022)
      • Case

      The United States National Security Apparatus, Multipolarity, and the Rise of Commercial Space

      By: Matthew C. Weinzierl and Brendan L. Rosseau
      In 2019, the U.S. national security community crossed a Rubicon by declaring that space was “a war-fighting domain” and undergoing a major reorganization, including the creation of the U.S. Space Force, the first new military branch in over 70 years. Military and...  View Details
      Keywords: War; National Security; International Relations; Power and Influence
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      Weinzierl, Matthew C., and Brendan L. Rosseau. "The United States National Security Apparatus, Multipolarity, and the Rise of Commercial Space ." Harvard Business School Case 722-063, March 2022. (Revised June 2022.)
      • May 2021
      • Article

      Ideology and Composition Among an Online Crowd: Evidence From Wikipedians

      By: Shane Greenstein, Grace Gu and Feng Zhu
      Online communities bring together participants from diverse backgrounds and often face challenges in aggregating their opinions. We infer lessons from the experience of individual contributors to Wikipedia articles about U.S. politics. We identify two factors that...  View Details
      Keywords: User Segregation; Online Community; Contested Knowledge; Collective Intelligence; Ideology; Bias; Wikipedia; Knowledge Sharing; Perspective; Government and Politics
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      Greenstein, Shane, Grace Gu, and Feng Zhu. "Ideology and Composition Among an Online Crowd: Evidence From Wikipedians." Management Science 67, no. 5 (May 2021): 3067–3086.
      • 2022
      • Working Paper

      Coupling and Coupling Compromises in Supplier Factories' Responses to Worker Activism

      By: Yanhua Bird, Jodi L. Short and Michael W. Toffel
      Activist pressure has prompted many companies to adopt formal corporate social responsibility (CSR) policies, but can ongoing activist pressure influence whether companies effectively implement these policies? Drawing on and extending the private politics and...  View Details
      Keywords: Monitoring; Apparel Manufacturing; Protests; Activism; Union; Compensation; Operations; Supply Chain Management; Quality; Safety; Social Issues; Labor Unions; Wages; Compensation and Benefits; Retail Industry; Apparel and Accessories Industry; China
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      Bird, Yanhua, Jodi L. Short, and Michael W. Toffel. "Coupling and Coupling Compromises in Supplier Factories' Responses to Worker Activism." Harvard Business School Working Paper, No. 21-114, April 2021. (Revised November 2022.)
      • 2021
      • Working Paper

      Consuming Contests: Outcome Uncertainty and Spectator Demand for Contest-based Entertainment

      By: Patrick J. Ferguson and Karim R. Lakhani
      Contests that are designed to be consumed for entertainment by non-contestants are a fixture of economic, cultural and political life. In this paper, we examine whether individuals prefer to consume contests that have more uncertain outcomes. We look to...  View Details
      Keywords: Contest Design; Information Preferences; Consumer Demand; Sports; Entertainment; Games, Gaming, and Gambling; Demand and Consumers; Outcome or Result
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      Ferguson, Patrick J., and Karim R. Lakhani. "Consuming Contests: Outcome Uncertainty and Spectator Demand for Contest-based Entertainment." Harvard Business School Working Paper, No. 21-087, February 2021.
      • 2021
      • Working Paper

      The Effects of Local Government Financial Distress: Evidence from Toxic Loans

      By: Boris Vallée and Julien Sauvagnat
      We examine the response from both local governments and their voters to a sudden increase in public debt burden. We exploit plausibly exogenous variation in the ex post cost of toxic loans, a notorious financial innovation adopted by a large number of local governments....  View Details
      Keywords: Public Debt; Public Investments; Political Contestation; Toxic Loans; Borrowing and Debt; Investment; Public Sector; Government and Politics; Local Range; Financing and Loans
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      Vallée, Boris, and Julien Sauvagnat. "The Effects of Local Government Financial Distress: Evidence from Toxic Loans." Working Paper, February 2021.
      • August 2020 (Revised November 2022)
      • Case

      George Soros: The Stateless Statesman

      By: Geoffrey Jones and Wendy Ying
      This case traces the business career and philanthropic activities of George Soros. The Hungarian-born Soros made a fortune as a hedge fund investor after establishing Quantum Fund on the tax haven island of Curaçao in the Netherlands Antilles in 1973 where he was...  View Details
      Keywords: Hedge Fund; Philanthropy; Populism; Finance; Philanthropy and Charitable Giving; Political Elections; Personal Development and Career; Leadership Style; Financial Services Industry; Europe; Hungary; United Kingdom; North and Central America; United States
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      Jones, Geoffrey, and Wendy Ying. "George Soros: The Stateless Statesman." Harvard Business School Case 321-012, August 2020. (Revised November 2022.)
      • March 2020
      • Case

      Brazil: Contesting the Rules of Government

      By: Sophus A. Reinert and Jonathan Schlefer
      Brazilian factions so fiercely opposed one another that for a century and a half they had contested not just state policies but the rules and structure of the state itself. Was this politics, so unlike the Western political ideal, sign of an immature or failing...  View Details
      Keywords: Governance; Policy; Government Administration; Government and Politics; Social Issues; Brazil
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      Reinert, Sophus A., and Jonathan Schlefer. "Brazil: Contesting the Rules of Government." Harvard Business School Case 720-026, March 2020.
      • June 2017
      • Article

      The Political Economy of Financial Innovation: Evidence from Local Governments

      By: Christophe Pérignon and Boris Vallée
      We examine the toxic loans sold by investment banks to local governments. Using proprietary data, we show that politicians strategically use these products to increase chances of being re-elected. Consistent with greater incentives to hide the cost of debt, toxic loans...  View Details
      Keywords: Financial Innovation; Political Elections; Financing and Loans; Innovation and Invention
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      Pérignon, Christophe, and Boris Vallée. "The Political Economy of Financial Innovation: Evidence from Local Governments." Review of Financial Studies 30, no. 6 (June 2017): 1903–1934.
      • January 2016 (Revised February 2016)
      • Case

      Citizens United and Corporate Speech

      By: David Moss and Marc Campasano
      The story of Citizens United began in late 2007, as leading members of the Republican and Democratic parties were preparing for the 2008 presidential primaries. Democrats expected a three-way contest in their party between Senator Barack Obama of Illinois, Senator (and...  View Details
      Keywords: Rights; Internet and the Web; Political Elections; Lawsuits and Litigation; Business and Government Relations
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      Moss, David, and Marc Campasano. "Citizens United and Corporate Speech." Harvard Business School Case 716-039, January 2016. (Revised February 2016.)
      • November 9, 2012
      • Guest Column

      For Obama, Where Has Lincoln Gone?

      By: Nancy F. Koehn
      The 2012 presidential race was not only the most expensive in history, it was also one of the most closely contested elections the country has known. President Barack Obama inherits the very serious challenge of trying to reunite a divided nation in which political...  View Details
      Keywords: Leadership
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      Koehn, Nancy F. "For Obama, Where Has Lincoln Gone?" On Leadership. Washington Post (November 9, 2012).
      • September 2009 (Revised May 2011)
      • Case

      Acumen Fund: Measurement in Impact Investing (A)

      By: Alnoor Ebrahim and V. Kasturi Rangan
      Acumen Fund is a global venture capital firm with a dual purpose: it looks for a return on its investments, and it also seeks entrepreneurial solutions to global poverty. This case examines Acumen's new projects in Kenya. The organization's investment committee and its...  View Details
      Keywords: Decision Choices and Conditions; Venture Capital; Investment Return; Philanthropy and Charitable Giving; Risk Management; Corporate Social Responsibility and Impact; Business and Government Relations; Social Enterprise; Financial Services Industry; Kenya
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      Ebrahim, Alnoor, and V. Kasturi Rangan. "Acumen Fund: Measurement in Impact Investing (A)." Harvard Business School Case 310-011, September 2009. (Revised May 2011.)
      • October 2008 (Revised November 2009)
      • Case

      Obama versus Clinton: The YouTube Primary

      By: John A. Deighton and Leora Kornfeld
      What was the role of the Internet in the contest for the Democratic presidential nomination between Senators Obama and Clinton? How does the role change in the shift from the Primary to the National election? The case examines media and content choices by each...  View Details
      Keywords: Political Elections; Knowledge Use and Leverage; Marketing Channels; Media; Internet; United States
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      Deighton, John A., and Leora Kornfeld. "Obama versus Clinton: The YouTube Primary." Harvard Business School Case 509-032, October 2008. (Revised November 2009.) (request a courtesy copy.)
      • 2008
      • Book

      The Oxford Handbook of Business History

      By: G. Jones and Jonathan Zeitlin
      The Handbook of Business History contains 25 original chapters from around the world to present a comprehensive, critical and interdisciplinary examination of current research in business history. The Handbook reveals business history as a wide-ranging and...  View Details
      Keywords: Business History; Research; Economics; Government and Politics
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      Jones, G., and Jonathan Zeitlin, eds. The Oxford Handbook of Business History. Oxford: Oxford University Press, 2008.
      • September 2006 (Revised May 2008)
      • Supplement

      Corporate Responsibility & Community Engagement at the Tintaya Copper Mine (B)

      By: V. Kasturi Rangan, Brooke Barton and Ezequiel Reficco
      Engaging local stakeholders and building strong relations has become a strategic imperative for multinational firms in the often politically charged mining, oil, and gas sectors. For BHP Billiton, the world's second largest mining company, its Tintaya copper mine in...  View Details
      Keywords: Corporate Social Responsibility and Impact; Mining Industry
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      Rangan, V. Kasturi, Brooke Barton, and Ezequiel Reficco. "Corporate Responsibility & Community Engagement at the Tintaya Copper Mine (B)." Harvard Business School Supplement 507-030, September 2006. (Revised May 2008.)
      • June 2003
      • Article

      Contested Currency: Russia's Ruble in Domestic and International Politics

      By: Rawi Abdelal
      Keywords: Currency; Government and Politics; Russia
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      Abdelal, Rawi. "Contested Currency: Russia's Ruble in Domestic and International Politics." Journal of Communist Studies and Transition Politics 19, no. 2 (June 2003): 55–76. (Reprinted in Perspectives on the Russian State in Transition, ed. Wolfgang Danspeckgruber. Princeton, N.J.: Woodrow Wilson School of Public and International Affairs, 2006, pp. 197-219.)
      • Research Summary

      Overview

      By: Boris Vallee
      Professor Vallée focuses on financial innovation, investigating it from different angles. This research thread has led him to relate the methods and insights of corporate finance and banking with those of other subfields, including household finance, public finance,...  View Details
      • 2022
      • Chapter

      The Merits and Limits of China's Modern Universities

      By: William C. Kirby
      China has a long history of advanced learning, but its modern universities are quite young. Beginning in the late nineteenth century, the establishment of Chinese universities based on international models signaled the end of a millennium of promoting talent through...  View Details
      Keywords: Higher Education; Education Industry; China
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      Kirby, William C. "The Merits and Limits of China's Modern Universities." Chap. 11 in Making Meritocracy: Lessons from China and India, from Antiquity to the Present, edited by Tarun Khanna and Michael Szonyi. New York, NY: Oxford University Press, forthcoming.
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